Legislative Session number- 87

Bill Name: SF1046

Relating to gambling

ARTICLE 1 - RACINO

Authorizing the director of the
state lottery to establish lottery gaming machines (racino); imposing a tax on
gaming machine revenue; modifying the definition of lottery procurement
contract; authorizing gambling devices to be operated at the premises of a
licensed racetrack defining gaming machine, gaming machine game, gaming machine
play and adjusted gross gaming machine revenue; providing for location and
operation of the gaming machines; requiring examination and testing of the
machines; providing for prizes; prohibiting under age play; requiring compulsive
gambling notices; prohibiting local licenses and fees; providing for
severability

ARTICLE 2 - ECONOMIC DEVELOPMENT FUND

Establishing the
Minnesota future fund as a special account in the state treasury; providing that
the money derived from lottery gaming machines to be deposited in the Minnesota
future fund; specifying certain allocations; requiring licensees with location
contracts to contribute to the horse racing industry improvement fund; repealing
certain limitations on card clubs
(me)